Barber et al. (2023): Nature to the rescue: past drivers and future potential of the Australian land-based carbon offsets market
Greg Barber, Andrew Edwards, Kerstin K. Zander IN: Climate Policy, https://doi.org/10.1080/14693062.2023.2239758
As nations consider more ambitious emissions reductions goals, policy makers, carbon market participants and environmental advocates need to estimate the potential scale of nature-based climate solutions (NCS), against the opportunity cost of current land use. In this study, the authors construct a simple linear regression model of the relationship between carbon abatement potential and agricultural profitability, the latter a proxy for opportunity cost, to describe the total set of options for NCS on the Australian continent.